 Fee schedule (on traded value)
There is a £100 monthly fee per port connection* and at present, market data can be redistributed freely. *Firms matching an average daily value of €40 million on the NEURO order book will receive up to 10 order entry and market data ports free of charge. Internalised (same participant) transactions cannot be counted towards this total. Rates subject to change. We have adopted a "Maker-Taker" fee structure, where NASDAQ OMX Europe acts as intermediary between its participants. Where a participant posts liquidity (“Maker”), they will receive an adjustment in the consideration payable for the underlying transaction. For example, where 0.3bps was payable by the liquidity remover (“Taker”), NASDAQ OMX Europe would retain 0.1bps as its intermediary fee and would arrange for the transfer of the remaining 0.2bps to the Maker. |
Participant Documentation
Participation documentation is available to be downloaded by clicking on the relevant document links below.
New Participant Application PackageApplication FormParticipant AgreementRulebookTrading ProceduresGlobal Data AgreementUK SDRT FormIrish Stamp Duty PackDirect Debit InstructionPrevious Documentation
|
